The Stock Market's Mysterious Friends

During the month of September, the credit balances in margin accounts dropped almost in half.
I am betting that the Lord put all of that cash in margin accounts for the purpose of cushioning a possible stock market crash. Surely more of that cash has been spent in October. Without devine intervention, the crash could have been completely devastating.
It doesn't look like there was much short covering during September.
If the hand of the almighty didn't put that money in margin accounts, It must have been other mysterous friends of the stock market. Quillian and Taylor is staying on balance long for a while.

Edited by James Quillian, 30 October 2008 - 09:32 PM.

i'm scratchin' my haid here. a credit balance is a good thing, something i can use to buy more stock. a debit balance means mr. margin will be calling. when my credit balance drops, doesn't it mean that the trader took money out and/or the collateral equities went down? i have not traded on margin in years so maybe i have forgotten a bit of the lingo. can someone/anyone help me here? p.s. i can understand the margin debt going down as people sold out for fright or margin calls and liquidated the equity and paid off the debt and the overall account, collateral + debt, declined.

Edited by humble1, 30 October 2008 - 11:30 PM.